Tokenization Benefits Highlighted by Bernstein, Foresees $5 Trillion Market in Five Years

World-renowned asset management firm Bernstein, overseeing more than $800 billion in assets, recently issued a research report praising the benefits of tokenization. This process, converting real-world assets into blockchain-based tokens, is simple, operationally efficient, and offers improved liquidity and accessibility. The report also boldly projects the tokenization market to swell to $5 trillion within the next five years.  Tokenization Market Could Soar to $5 Trillion Bernstein anticipates the opportunity within the tokenization market to reach up to $5 trillion in the next five years. The firm expects this growth to be spearheaded by stablecoins, central bank digital currencies (CBDCs), private market funds, securities, and real estate.  The report predicts currency tokenization via stablecoins and CBDCs, applicable to on-chain deposits and payments, will comprise about 2% of the global money supply in the next five years. This translates to an estimated $3 trillion in tokenized currency.  Lead analysts including Gautam Chhugani […] The post Tokenization Benefits Highlighted by Bernstein, Foresees $5 Trillion Market in Five Years appeared first on COINTURK NEWS.